Markets Eye Fed Nominee Dynamics as Crypto Weakens: Bitcoin Down 5% and Most Large-Caps Trade Lower (February 1, 2026)
The global cryptocurrency market cap now stands at $2.66T, down by 4.95% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $75,720 and $83,300 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $78,685, down by 5.25%.Most major cryptocurrencies by market cap are trading lower. Market outperformers include ZKP, ZK, and C98, up by 36%, 22%, and 20%, respectively.Crypto Market Watch – Today:Trump Seeks Democratic Support for Fed Nominee WarshCryptocurrency Market Sees Mixed Performance on February 1Silver ETF Trading Volume Surpasses Major StocksBitcoin Accumulation Indicator Falls Below Key ThresholdMiddle Eastern Investment in Trump-Linked Crypto Firm RevealedSouth Korea to Implement U.S. Investment Legislation Promptly, Says MinisterJapanese Prime Minister Clarifies Remarks on Yen DepreciationIndia's Budget Focuses on Financial Stability and Emerging TechnologiesIndia's National Stock Exchange Updates Pricing for Gold and Silver ETFsNvidia CEO Commits to Significant Investment in OpenAIMarket movers:ETH: $2413.44 (-8.60%)BNB: $777.58 (-7.15%)XRP: $1.6543 (-2.50%)SOL: $105.05 (-9.24%)TRX: $0.2867 (-1.51%)DOGE: $0.10552 (-5.54%)WLFI: $0.123 (-16.10%)WBTC: $78397.53 (-5.38%)ADA: $0.2954 (-4.86%)BCH: $523.4 (-2.68%)